In a bid to become ‘a high-quality advice provider’ after its ‘brutal’ restructure
On joining WH Ireland in March 2019, Stephen Ford was forced to make some quick but important decisions.
The wealth manager and corporate broker firm had been haemorrhaging cash and at the end of that month, posted a £12m ($16.78m, €13.87m) loss for the year. Swift action was necessary.
Almost two years later, the firm is on a better footing.
A year after Ford joined as head of wealth management, losses had shrunk to £3m and in October last year, it posted its first half-year profit for five years. For the six months to the end of September, WH Ireland made £500,000 profit, compared with a £910,000 loss for the same period in 2019.